At-home services platform Urban Company’s Rs 1,900-crore initial public offering (IPO) was subscribed more than 100 times, but founder and CEO Abhiraj Singh Bhal said the “overwhelming” response was not a victory lap for the 11-year-old Gurugram-based startup. “We’ve been overwhelmed. I don’t think anybody expects a 100X subscription. We are fully cognisant that this is not a reflection of where the company is today. It is a promise of what…

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